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Monday, October 26, 2026Updated 15:09 UTC

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Brazil heads back to the future as Flavio Bolsonaro refuses to recognize Lula win

Source: Reuters · Oct 26, 2026 13:00 UTC

Trading floor of the New York Stock Exchange with banks of monitors — File photo Carol M. Highsmith / Library of Congress · Public domain · Source

The Quick Take

Brazil heads back to the future as Flavio Bolsonaro refuses to recognize Lula win Reuters Brazilian Stocks Tumble as Lula Wins Surprise Fourth Term: Nu Holdings Sinks 25%, Petrobras Tumbles 21%, MercadoLibre Drops 15% Yahoo Finance Lula’s win in Brazil bucks a regional shift to the right and denies Trump a powerful ally AP News Lula Defeats Bolsonaro for Brazil Presidency, in Blow to Latin America

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